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Apple's Founding Document To Be Auctioned By Sotheby's

Back when Steve Jobs and Steve Wozniak were just a smelly hippie and an electronics geek with big ideas, they famously incorporated Apple Computer while working out of Jobs's parents' garage. Ronald Wayne, a minority owner in the fledgling company (who quit two weeks later when he got cold feet) and the only one of the three with any actual business experience, drew up the paper work. Now those documents, which formally created the pivotal consumer electronics company, will be auctioned as a part of Sotheby's Fine Books and Manuscripts auction on December 13.

Just three pages long, and mostly fancy-sounding legal jargon, the contract is expected to fetch over $100,000. It's dated April 1, 1976 and is signed by Jobs, Wozniak and Wayne and, according to Walter Isaacson's biography of Jobs, spells out their duties as follows: "Wozniak shall assume both general and major responsibility for the conduct of Electrical Engineering; Jobs shall assume general responsibility for Electrical Engineering and Marketing, and Wayne shall assume major responsibility fo Mechanical Engineering and Documentation."